BP Disaster Business

Supreme Court turns down BP request to suspend paying claims

June 9, 2014

PensacolaBeachOilSpill
The U.S. Supreme Court today refused to halt BP’s payments of claims stemming from 2010 Gulf of Mexico oil spill. In a one-sentence order issued today, the justices said they wouldn’t put a hold on lower court rulings that require the oil company to begin making the payments, part of a $9.2 billion accord, reported to Bloomberg.

  • Ames June 12, 2014 at 8:53 pm

    Jindyl will save ‘um.

    http://www.latimes.com/nation/la-na-louisiana-lawsuit-jindal-20140606-story.html

    snip
    “Jindal signed the legislation — which prevents government bodies in Louisiana from pursuing such litigation — despite warnings from the state attorney general and nearly 100 legal experts. Critics of the law say it is so broad it could potentially imperil hundreds of other lawsuits against oil and gas companies, including litigation against BP for its role in the 2010 Gulf oil spill.

    “I am proud to sign it into law,” Jindal said in a statement, calling the litigation “frivolous.” The Republican said the law “further improves Louisiana’s legal environment by reducing unnecessary claims that burden businesses so that we can bring even more jobs to our state.”

    lRelated Louisiana lawsuits seek oil and gas industry money to restore coastline
    NATION
    Louisiana lawsuits seek oil and gas industry money to restore coastline
    SEE ALL RELATED
    8

    The bill was one of at least seven championed this year by the Jindal administration’s legislative allies to kill coastal-damage lawsuits brought by state agencies against the oil and gas industry, a pillar of Louisiana’s economy and a powerful force in its politics.”
    snip